Aviation Experts Warn of Job Losses from 2026 Tax Reforms
Nigerian aviation experts warn new tax reforms from January 2026 could slash sector GDP by 20% and cut 30% of jobs. Learn the risks and calls for government intervention.
Category : Search result: VAT allocation
Tesla Sets New Sales Record in Norway
Tesla's sales surge 34.6% in Norway, setting a new annual record, while facing a sharp decline across the EU. Read about the factors driving this Nordic success story.
Rivers 2026 Budget: Education Gets Top Priority
Governor Siminalayi Fubara vows to tackle the state's poor school infrastructure, allocating the biggest portion of the 2026 budget to education. Read his full plan for reform.
Manufacturing Tops Nigeria's VAT Revenue in H1 2025
Nigeria's manufacturing sector contributed N584.63bn to VAT revenue in the first half of 2025, leading all sectors despite economic challenges. Read the full NBS report analysis.
98% of Nigerian Workers Exempt from Income Tax by 2026
Tax reforms chairman Taiwo Oyedele reveals 98% of Nigerian workers will be exempt from personal income tax starting January 2026. Small businesses also get VAT relief. Learn how this affects you!
98% of Nigerian Workers Exempt from Income Tax
Nigeria's new tax reforms will exempt 98% of workers from personal income tax starting January 2026. Learn how SMEs and low-income earners benefit from VAT exemptions and other incentives.
VAT hits N2.06 trillion in Q2 2025, 7th consecutive rise
Nigeria's VAT collections surge to N2.06 trillion in Q2 2025, recording seventh consecutive quarterly growth since economic reforms. Manufacturing leads sectoral contributions with 27.19% share.
VAT collections hit N2.06tr in Q2, 7th consecutive rise
Nigeria's VAT revenue surges to N2.06 trillion in Q2 2025, marking a 32.15% year-on-year increase and the seventh consecutive quarterly rise since economic reforms began.
Ebonyi Projects N469.9bn FAAC Revenue in 2026 Budget
Governor Francis Nwifuru presents Ebonyi's largest-ever budget of N884.86bn, with 84.7% for capital projects. Strategic focus on industrialization and infrastructure development for economic growth.
APC Chieftain Questions Abia's N49bn Monthly Revenue
APC chieftain Obinna Oriaku challenges Governor Alex Otti to provide transparency on Abia's N49bn monthly revenue and questionable expenditures. Read full details.
FG Clarifies Tax Law Misconceptions for 2026
Federal Government clarifies misconceptions about new 2026 tax reforms. Most Nigerians will pay less or no tax. VAT removed from food, education, healthcare.
Ogun Governor Warns Traditional Rulers on Land Allocation
Ogun State Governor Dapo Abiodun prohibits traditional rulers from allocating land to non-indigenes without due process. New security measures announced to combat crime and protect communities.
N2.94 Trillion Shared by FG, States, LGs in October
FAAC disbursed N2.94 trillion to federal, state, and local governments in October 2025, marking a slight decrease from September. Discover the full revenue breakdown and its implications.
Kano's ₦1.37 Trillion 2026 Budget Focuses on Education
Kano State Governor Abba Kabir Yusuf presents ₦1.37 trillion 2026 budget with 68% capital expenditure. Education gets 30%, infrastructure 25%, health 16%. Urges speedy legislative approval.
Kogi youths give 21-day ultimatum for LG autonomy
Youth groups in Kogi demand local government autonomy implementation within 21 days. Coalition presents allocation analysis, cites Supreme Court ruling. Read full details.
Wike-Military Land Feud: Rule of Law Must Prevail
Senior Advocate Joseph Dauda insists rule of law must override emotion in Wike-naval officer altercation. Learn how this impacts Abuja land administration.
Ex-Commissioner Questions Abia's N30bn Monthly Revenue
Former Abia finance commissioner Obinna Oriaku demands transparency from Governor Alex Otti over N30bn monthly allocations. Read the full financial controversy.
Ebonyi ranks lowest in 2025 FAAC payouts
Ebonyi State received the lowest FAAC allocation of ₦112.19B between January-August 2025, highlighting Nigeria's revenue imbalance. Discover the states that got the most and least.
Kaduna allocates ₦100m to each of 255 political wards
Governor Uba Sani announces historic ₦25.5 billion grassroots development fund for Kaduna's 255 wards in 2026 budget. Communities to directly decide project priorities.
Ghana Scraps Covid Levy, Cuts VAT to Boost Economy
Ghana abolishes its Covid-19 Health Recovery Levy and reduces VAT to stimulate growth, returning GHS 5.7 billion to citizens. A tragic stampede at a military recruitment event in Accra leaves six dead.
NANS Calls for Increased N-HYPPADEC Budget Allocation
NANS urges President Tinubu to increase N-HYPPADEC's budget to expand life-changing projects in hydroelectric communities. Read about their assessment and demands for transparency.
Wike-Yerima Land Clash: Minister's Aide Exposes Details
FCT Minister Wike's aide reveals naval officer Yerima was guarding land allocated for park and recreation in 2007. Former naval chief scammed by estate company. Read full details.
50 Tax Exemptions Nigerians Can Claim Under New Laws
Discover how Nigeria's new tax reform laws bring financial relief to millions with 50 key exemptions - from essential goods to small business benefits.
FG: Lawyers Must Pay 7.5% VAT at NALT Conference
The Federal Government maintains its stance on VAT compliance for lawyers and law firms, emphasizing revenue generation during the Nigerian Association of Law Teachers gathering.
Students Demand Full Crude Allocation to Dangote Refinery
Nigerian student groups are urging President Tinubu to prioritize domestic refining by allocating all crude oil to Dangote Refinery, promising cheaper fuel and economic revival.
21 Nigerian States Rely on FAAC for 70%+ Revenue
New fiscal data reveals alarming dependency on FAAC allocations across 21 Nigerian states, raising concerns about economic sustainability and governance.
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